International Transportation Mode Selection through Total Logistics Cost-Based Intelligent Approach

Abstract

Background: International transportation has grown substantially, causing total logistics costs (TLCs) to rise. Companies are increasingly striving for their reduction. The most crucial factor affecting TLCs is the transportation mode, and its appropriate selection has become vital for firms. Maritime transport is the most preferred mode for international shipments, while air transport is also increasingly preferred due to the rise in underweight and high-frequency shipments, the expectation of reduced delivery times, and inventory costs. However, a thorough comparative analysis is necessary for the selection. Methods: This paper proposes an intelligent approach based on TLCs. Non-linear optimization is adopted for regular replenishment, while maching-learning classifiers are employed to establish a decision boundary for the chargeable weight of shipments. Conclusions: The study assists in decision making and also establishes a country-wide threshold, highlighting the importance of a country-based logistics strategy. The paper successfully establishes the trends and relations between logistics parameters, which assists the logistics decision making. Research identifies the gaps in the existing literature and bridges them by addressing the required concerns.

A Novel Approach to Identify Industrial Logistics Decarbonization Opportunities: Method Development and Preliminary Validation

“…Manufacturing companies typically use distinct logistics strategies for each of the nine emerging cells [35], which differ by the transportation mode, the order frequency, and the lead time [43]. These factors thereby impact the transportation cost, inventory holding cost, and order cost, which, together, form the total logistics cost [35,44,45]. Thus, the ABC/XYZ category of an inventory item impacts the logistics strategy applied to it, which, in turn, impacts total logistics cost.…”

“…Inventory management and its ABC/XYZ analysis are frequently applied in practice and well-researched [16,34,35,[37][38][39][40][41] Inventory categories impact the selection of inventory strategies [16,35] Inventory strategies impact inventory cost [16,35,43] Inventory costs impact total logistics cost [44,45] Inventory strategies impact emissions [46,47] Implementing lower-carbon transportation technology, modes, or practices impacts total logistics cost [13][14][15]20,33,[48][49][50] Selecting transport decarbonization measures on the product level can optimize total abatement cost [37] Transportation abatement costs differ across inventory categories This study…”

Enhancing City Logistics for Sustainable Development in Jordan: A Survey-Based Study

“…Adequate financial resources are crucial for implementing effective city logistics measures like addressing logistical challenges and investing in infrastructure while promoting sustainable practices [5,7,12,17]. Analyzing the influence of financial situations on decision-making provides valuable insights into the relationship between financial support and successful logistics management, which is essential for understanding city logistic performance [59][60][61]. As a result, we can propose the following hypothesis.…”